Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Saffron Speciality Papers Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.56 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. BOI Merchant Bankers Ltd. is the book running lead manager and NSDL Database Management Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Saffron Speciality Papers IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 55,60,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 55,60,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,32,53,951 shares |
| Share Holding Post Issue | 1,88,13,951 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 31, 2025 |
| SEBI/Exchange approval received | Tue, Feb 24, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2008, Saffron Speciality Papers Limited is engaged in the business of manufacturing and exporting Printed Paper Stationery and Back-to-School Paper Stationery.
The company specializes in customized, mass-produced Back-to-School Paper Stationery and Printed Paper Stationery with diverse finishes, embellishments, and bindings. It also offers commercial printing services to corporations, banks, government agencies, trusts, and more.
Products:
As of As of June, 30, 2025, the company had 142 permanent employees on the payroll and has employed 65 employees on a contract basis.
Competitive Strengths:
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 196.38 | 212.51 | 123.76 | 77.92 |
| Total Income | 49.73 | 253.25 | 190.90 | 132.57 |
| Profit After Tax | 2.13 | 10.68 | 6.24 | -0.02 |
| EBITDA | 6.59 | 23.05 | 17.35 | 4.08 |
| NET Worth | 40.47 | 38.34 | 18.66 | 11.35 |
| Reserves and Surplus | 27.21 | 25.08 | 6.31 | 10.19 |
| Total Borrowing | 117.66 | 140.96 | 90.14 | 39.05 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance the cost of establishing of new manufacturing facility at Survey No. 74 & 75/1, Village Amane, Opp. Toll Warehouse Amane, Near Indian Oil Petrol Pump, Bhiwandi – 421302 Dist. Thane, Maharashtra | 10.00 |
| 2 | Repayment/ prepayment, in full or part, of certain borrowings availed by the Company; | 27.00 |
| 3 | Enhancing Working Capital Requirement of the company (including that of Paper Packaging segment); and | 15.00 |
| 4 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 37.48% |
| ROCE | 24.06% |
| Debt/Equity | 3.68 |
| RoNW | 37.48% |
| PAT Margin | 4.22% |
| EBITDA Margin | 9.20% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.4% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees (excluding Underwriting Commission) | |
| 2 | Brokerage, selling, commission and upload fees | |
| 3 | Underwriting Commission | |
| 4 | Registrar to the Issue | |
| 5 | Legal Advisors | |
| 6 | Advertising and Marketing expenses | |
| 7 | Regulators including stock exchanges | |
| 8 | Printing and distribution of offer stationery | |
| 9 | Others, if any (market making, depositories, Marketing fees, secretarial, peer review, miscellaneous expenses etc.) |
Lead Manager Reports
Saffron Speciality Papers IPO is a SME IPO of 55,60,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Saffron Speciality Papers IPO open and close dates are not available as of now.
NSDL Database Management Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Saffron Speciality Papers IPO using UPI as a payment gateway. Zerodha customers can apply in Saffron Speciality Papers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Saffron Speciality Papers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Saffron Speciality Papers IPO dates are not announced. Please check back again after some time.
Saffron Speciality Papers IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Saffron Speciality Papers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Saffron Speciality Papers IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Saffron Speciality Papers IPO allotment status.
The Saffron Speciality Papers IPO listing date is not yet announced. The tentative date of listing is .
